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Labwire, Inc.: Labwire Announces $145,000 Security Contract

Tue, 20 Jun 2006 6:00:00 PDT

HOUSTON, TX -- (MARKET WIRE) -- 06/19/2006 -- Labwire, Inc. (PINKSHEETS: LBWR), a leading provider of employee screening solutions and canine security and surveillance services, announced today that it has entered into an agreement with a United States refiner, distributor, and marketer of oil and gas products. Under the terms of the agreement, Labwire will provide canine security and bomb detection services at its client's Port Arthur, Texas refinery and storage facilities. This agreement is valued at approximately $145,000, is for a term of one year, and is renewable thereafter. Prior to the signing of this agreement, Labwire was providing similar security services to this same client on a month by month basis, as described in an October 25, 2005 press release.

"We are extremely pleased with our selection to provide canine security services to this client," commented Mr. Dexter Morris, Chief Executive Officer of Labwire, Inc. "Our client is expected to experience steady growth over the next several years, and as a result of our selection, Labwire will be a contributor to that growth. I believe the transition from a month to month contract to a one-year agreement reflects our performance over the last several months."

About Labwire, Inc.

Labwire, Inc. is headquartered in Houston, Texas and provides secure and compliant employee drug screening and background checking services to Fortune 500 corporations via the Labwire™ Platform. Labwire™ is a proprietary, Web-based application that streamlines the complex regulatory and record management activities associated with employee screening, delivering accurate timely results while eliminating service calls and paper trails. This comprehensive solution to managing employee screening services is the most efficient and cost-effective platform in the industry. For additional information about Labwire, Inc., please visit www.labwire.com.

Forward-Looking Statements

This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Statements in this release that are forward-looking statements are based on current expectations and assumptions that are subject to known and unknown risks, uncertainties, or other factors which may cause actual results, performance, or achievements of the company to be materially different from any future results, performance, or achievements expressed or implied by such forward-looking statements. Actual results could differ materially because of factors such as the effect of general economic and market conditions, entry into markets with vigorous competition, market acceptance of new products and services, continued acceptance of existing products and services, technological shifts, and delays in product development and related product release schedules, any of which may cause revenues and income to fall short of anticipated levels. All information in this release is as of the date of this release. The company undertakes no duty to update any forward-looking statement to conform the statement to actual results or changes in the company's expectations.

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